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CEO MESSAGE

What SCHAFFENGOTT envisions
as smart city is
its technology benefiting everyone,
regardless of their nationality, social status,
or income, to feel safe everywhere.

SCHAFFENGOTT, meaning "God of Creation,"
will continue to embrace the entrepreneurial spirit and strive to compete,
keeping in mind the challenge we envisioned for the future a decade ago.
We aim to inspire and drive positive changes in people's lives.

  • MANU-
    FACTURING
  • ICT
  • ARTIFICIAL
    INTELLIGENCE
  • CHEMICALS

SCHAFFENGOTT, meaning "God of Creation," is an Insurtech company equipped with extensive
manufacturing expertise, IoT device design technology, and AI algorithms that innovate and transform
reality. Our commitment to innovation is rooted in our deep concern for those who are deprived of the
"basic right" of safety and our dedication to enhancing the value of their emotions and environment
through beautifully designed products.

For us, "smart city technology" means ensuring that everyone, regardless of their socioeconomic status,
can benefit from smart city advancements. Although we are inherently a profit-driven "business" with a greater
focus on financial gains than social value, we aspire to contribute to the prosperity of society's members by
achieving growth through challenges and innovations.

Innovation should guarantee improvement and be accompanied by beauty to amplify its impact across industries.
While technology advances and changes rapidly, many people still do not have access to digital devices or the
benefits of smart technology. We will concentrate our efforts to align with the United Nations' Sustainable
Development Goals (SDGs), particularly in protecting life and the environment by giving positive influences on the
creation of safe smart cities, resilient social infrastructure, sustainable housing stability, and infrastructure development.

CEO, SCHAFFENGOTT Co., Ltd. Kwon Ik Hwan
ceo 사진  

Profile of the CEO

On May 1, 2012, a young entrepreneur with a liberal arts background and no understanding of technology started a business with a capital of 10 million KRW in an empty space on the third floor of a run-down squid restaurant on the outskirts of Busan, South Korea. There were times of overwhelming debt, capital erosion, and lack of business viability that led to a downfall. However, driven by the determination to see the end of the challenge, the entrepreneur traveled to Silicon Valley, living and sleeping in a camping car, and utilizing the free Wi-Fi at Stanford University's sports field. It was during this time that the TRITONA series was conceived.
Despite the lack of funds and technical knowledge, the entrepreneur's unwavering dedication to translating thoughts into reality through a different perspective and practical actions embodies SCHAFFENGOTT's entrepreneurial spirit.

AWARDS

    2023

  • Commendation from the Minister of Science and ICT
  • CES 2023 Innovation Award winner
  • IDA Design Award Gold winner

    2022

  • Busan Eco Delta City Innovation Fair Grand Prize
  • Commendation from the Director of the Public

    Procurement Service

  • Excellent Promotion Booth Award at Korea

    Urban Innovation Expo

  • Yanko Design Best of Maison & Objet 2022
  • Commendation from the Minister of Science and

    ICT

  • iF Design Award winner, Germany, 2022

    2021

  • Presidential Commendation (1st Procurement Day)
  • iF Design Award winner, Germany, 2021

    2020

  • Innovative Procurement Contribution Award

    from the Public Procurement Service

  • Selected as Innovative Procurement Company

    (Product) by the Public Procurement Service of Korea

  • Commendation from the Minister of Science and ICT
  • Certification as an Excellent Company in

    Busan Metropolitan City

  • Busan Venture Enterprise Award

    2018~2019

  • Silver prize at the International Trade Fair

    "iENA" in Germany

  • Selected as Ace Stella Company by Busan

    Metropolitan City

  • iF Design Award winner, Germany, 2019
  • Korea Mobile Technology Award
  • Selected as Regional Innovator by the National

    Commission for Balanced Development under the

    President's Office

    2013~2017

  • Selected as Representative Startup Company in Busan for 2

    consecutive years

  • Selected as K-Global 300 Company in the Future Creation

    Department's ICT Convergence Program

  • GEW Korea 2015 Global Entrepreneurship Spirit Commendation
  • Certification of Creative Economy Innovative Product
  • Seoul International Invention Fair Semi Grand Prize and Silver

    Prize

  • Bronze prize at the International Trade Fair "iENA" in Germany
  • Commendation from the Minister of Industry, Trade and

    Resources(49th Inventor's Day)

  • Grand Prize for Startup Company Discovery and Growth

    Support from Small and Medium Business Administration

  • Gold prize at the Pittsburgh International Invention and New

    Product Exposition in the United States

  • Special and Gold Prizes at the Seoul International Invention Fair
  • Gold prize at the Pittsburgh International Invention and New

    Product Exposition in the United States

  • Silver and Special Prizes at the International Trade Fair "iENA"

    in Germany

  • Minister of Science,ICT,and Future Planning Award